Mark Stryker at the Detroit Free Press had an article published today which sheds some light on the details surrounding Detroit’s home-stretch settlement. All in all, it looks like both sides gave just as much as they got…
The article reports that the players were able to obtain one of their most important positions, minimum weekly salary which increases to $104,650 by the third and final year of the new agreement, but only after concessions that require five unpaid furlough weeks (3 in year one and 2 in year two). The musicians also retained their 52-week status, another crucial benchmark among professional orchestras.
Detroit’s management was able to obtain greater cost control measures by having the musicians accept concessions on their benefits. For example, musicians will have to begin contributing to the costs of their health care benefits and incoming musicians will no long have the option of selecting which of the two pension plans the DSO currently maintains.
More details are certain to follow once the Detroit musicians complete their ICSOM settlement bulletin.